Sriram Transport Finance is moving in a channel since kingdom come. A good strangle. Sell the relevant option when the price nears the band borders.
TATA Chemicals was rangebound since mid october. The volume was tested a few sessions ago and it gapped up, but again going down on lower volumes. It was most probably a volume test by manipulators and they've found supply, so they'll push the stock lower till supply is cleared. Best strategy is a strangle between 700 & 760.
But XB is .725, is that doable?
If muthoot crosses the support, it'll be in range. right?
Short 360 PE near the line.
Resistance at 691, MACD crossover. Short 690CE or futures.
Descending Triangle or Support? Suport is at ~520, bu tis it a descending triangle. Wait to see price action, if it falls below support, short it, and sell 520CE
In daily charts, it's showing return to uptrend, but weekly charts showing trend line broken. Wait to see if the supply zone acts as a resistance, otherwise short. It'll be in range for some time.
Apollo hospital has ascending triangle but resistance at 1105. Short a call spread of 1100-1150. Close 1150CE if it fails to break the resistance.
The stock is downtrending and has a range which has been shown in the chart. Short 85/80 CE, and 70 PE later.
This is to show pramod